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Skimm This

Price Tag: Congressional Trading, College Rankings, the Art of Mediocrity

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 15 September 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

First: We’ve got the top headlines of the week: a national abortion ban on the table just weeks before the midterms, August inflation numbers (sigh), Ukraine’s recent string of W’s, and the DL on the new updates for iMessage.  Then: After a scandal at Columbia University, the college went from #2 to #18 on the US News College Ranking List. But after learning just how the list comes up with its rankings, many are questioning how legit that list even is. We break down what caused Columbia’s fall from grace and the shady side of college-ranking culture…in 60 seconds.   Next: An investigation by The New York Times found that nearly one-fifth of Congress – or their family members – were trading stock in a way that could be considered a conflict, renewing convos around Congressional stock trading and whether it should be allowed. To hear both sides of the spicy debate, we talk to one of the reporters. PS: check out the Times investigation here.  Finally: Being mediocre at your hobbies is in. Chasing perfectionism is out. We talk to a WSJ columnist who investigated the art of being bad at something and how it actually makes your mental health and your life better. Huzzah for participation trophies.  On this episode, you’ll hear from:  Kate Kelly, domestic correspondent, The New York Times Rachel Feintzeig, columnist, The Wall Street Journal PS: Calling all Skimm This listeners. Have questions about the news, work, or life? Call and leave us a voicemail at (929) 266-4381. We can’t wait to hear from you. Want more Skimm?  Sign up for our free daily newsletter Email us your questions about what’s going on in the news right now  Subscribe and leave us a review wherever you get your podcasts Skimm'd by Alex Carr, Will Livingston, and Blake Lew-Merwin. Engineered by Andrew Callaway and Elie McAfee-Hahn. TheSkimm’s head of audio is Graelyn Brashear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's episode is brought to you by Buick.

0:06.0

Welcome to Schemeless.

0:09.0

Congress is back in session,

0:11.0

and the first item on one senator's agenda

0:14.0

was proposing a nationwide abortion ban.

0:17.0

We'll break down the details of that bill,

0:20.0

along with the week's other major headlines,

0:22.0

from new inflation numbers to a major shift in the war in Ukraine.

0:27.0

And speaking of Congress,

0:30.0

anytime you have an informational edge

0:33.0

that the rest of the public doesn't have,

0:35.0

you're making it a two-part playing field,

0:37.0

where there are those in the inner circle

0:39.0

who have privileged information,

0:41.0

who are either wealthy,

0:42.0

or powerful, or both,

0:44.0

and there's everyone else.

0:46.0

A recent investigation revealed

0:48.0

almost one-fifth of Congress

0:50.0

has engaged in sketchy stock trades.

0:53.0

We'll speak with one of the reporters

0:55.0

who broke the story.

...

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